News Archives for Print - 2016-05-02

Software firm Rovi to acquire TiVo in $1.1 billion deal

US media software company Rovi has agreed to acquire TiVo, the maker of popular digital video recorders and set-top boxes, for $1.1 billion, the companies said Friday.

Published 02 May, 2016 12:00am

EU roaming charges drop sharply

Mobile phone roaming fees in the EU will fall sharply on Saturday, the last step before they are abolished completely for Europeans next year. The European Union will scrap phone roaming charges outright on June 15, 2017 ending fees loathed by millions of

Published 02 May, 2016 12:00am

Facebook, Messenger and Instagram apps hit Windows 10

Fresh from reporting stellar earnings, Facebook on Thursday rolled out applications tailored to Microsoft's latest operating system for the social network as well as its Messenger and Instagram services.

Published 02 May, 2016 12:00am

US House passes email privacy bill

US lawmakers Wednesday approved a bill to boost privacy protection for email and other electronic communication, closing key loopholes in digital data protection. By a vote of 419-0, the House of Representatives approved the measure that requires court or

Published 02 May, 2016 12:00am

IBM launches new cloud services for blockchain

IBM on Friday announced new services to help companies design and develop blockchain technology in a secure environment in the cloud, a network of computers where users are increasingly storing their data and computing work.

Published 02 May, 2016 12:00am

FBI director suggests iPhone flaw may remain secret

FBI Director James Comey said on Tuesday that his agency was still assessing whether a vulnerability used to unlock an iPhone linked to one of the San Bernardino killers would go through a government review to determine if it should be disclosed to Apple

Published 02 May, 2016 12:00am

Google, Uber in coalition to promote self-driving cars

Google and Uber are part of a coalition unveiled on Tuesday to push for a unified US legal code on self-driving cars as part of a broader lobbying drive to promote that technology.

Published 02 May, 2016 12:00am

Samsung angles for spot at heart of connected life

South Korean consumer electronics giant Samsung on Thursday wooed app makers as it pursued a vision of being at the heart of life in a hyper-connected world.

Published 02 May, 2016 12:00am

Cyber bullying delivers a punch to consumer wallets

Anyone who has had embarrassing photos posted on social media or been deluged with angry messages can attest to the high emotional cost of cyber bullying. But there is also a cost in real dollars for some to clean up their online reputations, including le

Published 02 May, 2016 12:00am

AT&T exec says Internet of Things is a top priority

US telecoms provider AT&T is betting it can carve out a significant business in connecting objects with one another, the head of that unit told Reuters in an interview, as it seeks new revenue sources in an oversaturated wireless market.

Published 02 May, 2016 12:00am

Mitsubishi Corp to freeze resource assets growth for next three years: CEO

Mitsubishi Corp won't boost its natural resources assets on a net basis for the next three years after a commodity slump forced it to warn of its first ever annual loss, the chief executive of Japan's biggest trading house said.

Published 02 May, 2016 12:00am

Mitsubishi Corp to freeze resource assets growth for next three years: CEO

Mitsubishi Corp won't boost its natural resources assets on a net basis for the next three years after a commodity slump forced it to warn of its first ever annual loss, the chief executive of Japan's biggest trading house said.

Published 02 May, 2016 12:00am

Exchange

Etisalat Q1 net profit falls 8 percent

Abu Dhabi-listed Etisalat reported an 8 percent fall in first-quarter net profit on Tuesday. Etisalat, which directly and indirectly operates in about 17 countries across the Middle East, Africa and Asia, made a net profit of 2.00 billion dirhams ($544.6

Published 02 May, 2016 12:00am

Orange first quarter core operating profit falls 1.6 percent

France's biggest telecoms operator, Orange, said first-quarter core operating profit was hit by exceptional labour-related costs totalling close to 200 million euros ($225 million).

Published 02 May, 2016 12:00am

Exchange

DIB first quarter net attributable profit rises 7.2 percent

Dubai Islamic Bank (DIB), the United Arab Emirates' largest sharia-compliant lender, posted a 7.2 percent increase in first-quarter net profit on Wednesday on the back of higher revenue and setting aside less cash for bad debts. The bank made an attributa

Published 02 May, 2016 12:00am

Exchange

DIB first quarter net attributable profit rises 7.2 percent

Dubai Islamic Bank (DIB), the United Arab Emirates' largest sharia-compliant lender, posted a 7.2 percent increase in first-quarter net profit on Wednesday on the back of higher revenue and setting aside less cash for bad debts. The bank made an attributa

Published 02 May, 2016 12:00am

Currency

DuPont raises full-year outlook

DuPont's first-quarter results beat Wall Street estimates and the chemicals and seed producer raised its full-year guidance as it sees lower currency impact than expected.

Published 02 May, 2016 12:00am

Currency

DuPont raises full-year outlook

DuPont's first-quarter results beat Wall Street estimates and the chemicals and seed producer raised its full-year guidance as it sees lower currency impact than expected.

Published 02 May, 2016 12:00am

Bayer earnings rise 16 percent on sales prescription drugs

German drugmaker Bayer reported a 15.7 percent jump in underlying core earnings for the first quarter, boosted by sales of prescription drugs, such as anti-blindness treatment Eylea and stroke prevention pill Xarelto.

Published 02 May, 2016 12:00am

Bayer earnings rise 16 percent on sales prescription drugs

German drugmaker Bayer reported a 15.7 percent jump in underlying core earnings for the first quarter, boosted by sales of prescription drugs, such as anti-blindness treatment Eylea and stroke prevention pill Xarelto.

Published 02 May, 2016 12:00am

Currency

Asahi Life to keep increasing foreign bond holdings in FY 2016/17

Japan's Asahi Mutual Life Insurance plans to keep increasing its investment in foreign bonds in the fiscal year through March 2017, a senior company executive said on Tuesday.

Published 02 May, 2016 12:00am

Currency

Asahi Life to keep increasing foreign bond holdings in FY 2016/17

Japan's Asahi Mutual Life Insurance plans to keep increasing its investment in foreign bonds in the fiscal year through March 2017, a senior company executive said on Tuesday.

Published 02 May, 2016 12:00am

Total Q1 beats forecasts on high output, strong margins

French oil and gas major Total reported a better that expected net profit in the first quarter of the 2016 as high output and a strong performance in refining and chemicals helped limit the impact of a prolonged fall in oil prices. Net adjusted profit of

Published 02 May, 2016 12:00am

Exchange

Adidas lifts forecasts ahead of Euro soccer championships

Adidas, the German maker of sportswear and equipment, said on Wednesday that it is raising its full-year forecasts for the second time in less than three months ahead of June's UEFA Euro soccer championships. The announcement sent Adidas shares sprinting

Published 02 May, 2016 12:00am

Khan, Goldsmith: London mayoral candidates from different sides of the track

The favourites to become London's new mayor on Thursday are two completely contrasting candidates: Zac Goldsmith, the son of a tycoon financier, and Sadiq Khan, the son of a bus driver from Pakistan.

Published 02 May, 2016 12:00am

Farooq Afzal nominated as Chairman PRBC, FPCCI

"President of the FPCCI Abdul Rauf Alam has nominated Muhammad Farooq Afzal Chief Executive of ITN Group as Chairman of Pakistan-Russia Business Council (PRBC) of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) for 2016. President FPCCI h

Published 02 May, 2016 12:00am

KPK minister speaks about government's approach to labour issues

Khyber Pakhtunkhwa Minister for Labour and Mineral Development, Anisa Zeb Tahirkheli has said that the formulation of labour and child labour policy to prevent child labour have been included as project in annual development program (ADP) of the province.

Published 02 May, 2016 12:00am

May Day observed with traditional enthusiasm

Scores of rallies were taken out under banners of various political parties, trade unions, peasants and workers from different parts of Hyderabad district to observe May Day with traditional enthusiasm, here on Sunday.

Published 02 May, 2016 12:00am

Bilawal pays tributes to working class

On International Labour Day, Pakistan Peoples' Party (PPP) Chairman Bilawal Bhutto Zardari paid tributes to the tilling and toiling classes of the country for their contribution and struggle and termed them as the backbone of the nation, state, economy an

Published 02 May, 2016 12:00am

'Over 200 schools converted into English- medium schools'

Over 200 Urdu medium government schools have been converted into English medium school in Hyderabad district with objective to provide quality education to children and all out efforts are being made to bring the public sector schools at the par of privat

Published 02 May, 2016 12:00am

Change in policy: over 500 containers of polished granite imported from India stuck at port

Over 500 containers of polished granite imported from India have been stuck at Karachi port, due to abrupt change in the policy, putting unnecessary additional financial burden on the importers; it was learnt here on Saturday.

Published 02 May, 2016 12:00am

Workers stage massive rally in Karachi

The workers staged a big rally on the occasion of the International Workers Day here on Sunday and demanded justice be done to the labourers and workers. They observed that the working condition in many factories and workplaces in Pakistan were even worse

Published 02 May, 2016 12:00am

Exchange

Budget strategy paper

The federal cabinet under the chairmanship of Prime Minister Nawaz Sharif approved the budget strategy paper presented by the Federal Finance Minister Ishaq Dar. The press release issued subsequent to the meeting is silent on details of this critical appr

Published 02 May, 2016 12:00am

Currency

Islamic banking

Talking to journalists at the conclusion of a recent seminar in Islamabad, Chairman of the Council of Islamic Ideology, Maulana Mohammad Khan Sherani, urged the State Bank of Pakistan to devise a mechanism for Islamization of the economy suggesting, among

Published 02 May, 2016 12:00am

Exchange

Budget strategy: ambitious targets

The budget strategy for 2016-17 was approved recently by the Federal Cabinet. Not only is there a positive expectation about the performance of the economy in 2015-16 but also that it will revive strongly in 2016-17 and achieve a growth rate of the GDP of

Published 02 May, 2016 12:00am

Exchange

The cost of the Panama leaks

The final outcome of the Panama leaks on the First Family's political fortunes cannot be evaluated yet due to three lines of action by the Sharif administration whose success or otherwise is not yet apparent: the Prime Minister contends that he has alread

Published 02 May, 2016 12:00am

Qatar fund uses more external managers, cuts focus on Europe

Qatar's sovereign wealth fund is reducing its focus on investments in Europe and placing more of its money with external managers following an internal review, sources familiar with the matter told Reuters.

Published 02 May, 2016 12:00am

Political stability and execution of CPEC projects

This is apropos a Business Recorder news item "No threat of political instability, China told" carried by the newspaper on Friday. According to it, Planning Minister Prof Ahsan Iqbal has told Chinese that Pakistan is among the eight fast growing ec

Published 02 May, 2016 12:00am

Government does not understand business - Murree Brewery CEO

BR Research recently sat down with Mr. Isphanyar M. Bhandara, who is the CEO of Murree Brewery Company Limited - one of the oldest public limited companies in Pakistan. Mr. Bhandara is also a member of National Assembly from PMLN on the seat reserved for

Published 02 May, 2016 12:00am

Government does not understand business - Murree Brewery CEO

BR Research recently sat down with Mr. Isphanyar M. Bhandara, who is the CEO of Murree Brewery Company Limited - one of the oldest public limited companies in Pakistan. Mr. Bhandara is also a member of National Assembly from PMLN on the seat reserved for

Published 02 May, 2016 12:00am

Prices of essential food items remain stable

Prices of most of the essential commodities have remained stable during last week, except slightly increase in rates of rice, cooking oil/ghee, flour and chicken in retail and wholesale markets.

Published 02 May, 2016 12:00am

Traders underscore need for security arrangements at fruit/vegetable market

Local traders and merchants have complained the poor security arrangements at the largest fruit and vegetable trading and exporting market (Enkelaab Sabzi mandi) in Peshawar. They have demanded of government to establish a full-fledged police at check pos

Published 02 May, 2016 12:00am

Prime Minister to open Health Scheme in Quetta: Nasar

Central Vice President, Pakistan Muslim League-N, Senator Sardar Yaqoob Khan Nasar has said that Prime Minister, Muhammad Nawaz Sharif would visit Quetta to inaugurate National Health Insurance Scheme, which would benefit millions of people.

Published 02 May, 2016 12:00am

JI leader terms levy of Customs Act 'drone attack on people'

Provincial chief Jamaat-e-Islami (JI) Khyber Pakhtunkhwa chapter, Mushtaq Ahmad Khan has attributed the extension of Customs Act as drone attack on the people of Malakand Division and vowed to take the enforcement of the act into logical end.

Published 02 May, 2016 12:00am

Two dead, six hurt in Thatta accident

At least two persons died and six others wounded in collision between two pickups here on Sunday. Police said that two over speeding pickups collided with each other near Keenjhar Lake in Thatta.

Published 02 May, 2016 12:00am

Energy crisis to end by 2018, according to KP Governor

Khyber Pakhtunkhwa Governor Engr. Iqbal Zafar Jhagra has said the incumbent government was striving hard to meet the target of 100 pc literacy rate in the Federal Administered Tribal Areas. He said due to the efforts of the incumbent Government we are hea

Published 02 May, 2016 12:00am

Health research moot begins at KMU

The 7th Annual Health Research Conference, being organised by Khyber Medical University (KMU) Peshawar was inaugurated by Deputy Speaker Khyber Pakhtunkhwa Assembly, Dr Mehr Taj Roghani, here on Saturday.

Published 02 May, 2016 12:00am

WCCI urges women to get entrepreneurship training

President, Women Chamber of Commerce & Industry (WCCI) Peshawar, Nasira Lughmani has urged women for getting training in different trade of skill and utilize their capabilities and play role in the mitigation of the financial problems of their families. S

Published 02 May, 2016 12:00am

36 health units in Orakzai Agency still non-functional

42 health facilities in different areas of Orakzai Agency have been destroyed in the wave of terrorism since 2009 while 36 of them were still dysfunctional. According to Agency Surgeon, Orakzai Agency, Dr. Mohammad Idrees only 7 health units have been rec

Published 02 May, 2016 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 02 May, 2016 12:00am

Exchange

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (April 25 to29 2016).

Published 02 May, 2016 12:00am

Returns on Profit and Loss Sharing Investment Bank Accounts (July to December 2015)

Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.

Published 02 May, 2016 12:00am

The Weather

The weather report on Sunday (May 01, 2016) and the forecast for Monday (May 02, 2016).

Published 02 May, 2016 12:00am

F-16 sale: talks under way to end deadlock: FO

Pakistan officials have said the country is involved in discussions with the United States to get F-16 fighter planes though the Obama administration was forced to halt the financial aid to Pakistan to purchase the aircraft.

Published 02 May, 2016 12:00am

F-16 sale: talks under way to end deadlock: FO

Pakistan officials have said the country is involved in discussions with the United States to get F-16 fighter planes though the Obama administration was forced to halt the financial aid to Pakistan to purchase the aircraft.

Published 02 May, 2016 12:00am

Tear gas in Paris, Istanbul as tensions erupt on May Day

French and Turkish police fired tear gas at protesters as tensions erupted in both countries during May Day rallies Sunday, while thousands marched across the globe for the annual celebration of worker's rights.

Published 02 May, 2016 12:00am

Tear gas in Paris, Istanbul as tensions erupt on May Day

French and Turkish police fired tear gas at protesters as tensions erupted in both countries during May Day rallies Sunday, while thousands marched across the globe for the annual celebration of worker's rights.

Published 02 May, 2016 12:00am

Currency

THE RUPEE: slight changes

The rupee fluctuated slightly against the dollar on the currency market during the week, ended on May 30, 2016.

Published 02 May, 2016 12:00am

Currency

THE RUPEE: slight changes

The rupee fluctuated slightly against the dollar on the currency market during the week, ended on May 30, 2016.

Published 02 May, 2016 12:00am

Long-term interests of Pakistan: Xi makes historic pledge

President Xi Jinping has promised that China is looking forward to serving the long-term interests of Pakistan and other countries involved in the Belt and Road Initiative. Xi made these remarks at a group study attended by members of the Political Bureau

Published 02 May, 2016 12:00am

Long-term interests of Pakistan: Xi makes historic pledge

President Xi Jinping has promised that China is looking forward to serving the long-term interests of Pakistan and other countries involved in the Belt and Road Initiative. Xi made these remarks at a group study attended by members of the Political Bureau

Published 02 May, 2016 12:00am

Long-term interests of Pakistan: Xi makes historic pledge

President Xi Jinping has promised that China is looking forward to serving the long-term interests of Pakistan and other countries involved in the Belt and Road Initiative. Xi made these remarks at a group study attended by members of the Political Bureau

Published 02 May, 2016 12:00am

Bulls make strong comeback

Driven masterly by the earnings announcement session, investors' sentiments on Pakistan shares market remained positive during the week that ended on Friday April 29.

Published 02 May, 2016 12:00am

Bulls make strong comeback

Driven masterly by the earnings announcement session, investors' sentiments on Pakistan shares market remained positive during the week that ended on Friday April 29.

Published 02 May, 2016 12:00am

Bulls make strong comeback

Driven masterly by the earnings announcement session, investors'' sentiments on Pakistan shares market remained positive during the week that ended on Friday April 29.

Published 02 May, 2016 12:00am

Imran takes anti-corruption fight to Sharifs' doorstep

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has called upon Prime Minister Nawaz Sharif to step down to pave the way for a fair and transparent investigation into what he said four crimes allegedly committed by him ie corruption, tax evasion, money

Published 02 May, 2016 12:00am

Imran takes anti-corruption fight to Sharifs' doorstep

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has called upon Prime Minister Nawaz Sharif to step down to pave the way for a fair and transparent investigation into what he said four crimes allegedly committed by him ie corruption, tax evasion, money

Published 02 May, 2016 12:00am

Panama Leaks: Prime Minister will give comprehensive statement in NA

Prime Minister Nawaz Sharif would give a comprehensive statement on 'Panama Paper' in forthcoming session of the National Assembly which is likely to be held on May 9, it is learnt. The opposition parties Pakistan People's party (PPP) and Pakistan Tehreek

Published 02 May, 2016 12:00am

New improved EU customs union rules take effect

New European Union customs rules designed to simplify life for business while ramping up consumer protection took effect Sunday, the European Commission said. The new rules overhaul legislation from 1992 for a customs union that sees upwards of 3 trillion

Published 02 May, 2016 12:00am

Sherani sees budget for three-month period

Former Principal Economic Adviser Ministry of Finance Sakib Sherani has said that the upcoming federal budget (2016-17) would be for a period of three months and once we are out of the International Monetary Fund (IMF) programme in September there would b

Published 02 May, 2016 12:00am

Islamist group al Shabaab kills 15 soldiers

Al Shabaab insurgents killed 15 Somali soldiers and retook a town north-east of the capital Mogadishu on Sunday, just one day after it had fallen to government forces, the military said.

Published 02 May, 2016 12:00am

Sharif's children not living abroad by choice: Rashid

While defending Prime Minister Nawaz Sharif and his family's financial worries, Minister for Information and Broadcasting Pervaiz Rashid said on Sunday Sharif family is a family of hard workers who have been exiled for 3 generations.

Published 02 May, 2016 12:00am

Working at brick-kilns: Punjab launches Khidmat Cards for help of labourers' children

Punjab Chief Minister Muhammad Shahbaz Sharif has announced that after brick kilns, children working at petrol pumps, workshops and hotels will also be brought to schools for equipping with education.

Published 02 May, 2016 12:00am

Tareen challenges Shahbaz

PTI General Secretary Jahangir Tareen has challenged PML-N leader Shahbaz Sharif to declare details of tax. Talking to media here on Sunday, Tareen said "Shahbaz Sharif is 'lying' to the nation and misleading masses regarding my tax payment details which

Published 02 May, 2016 12:00am

Tareen challenges Shahbaz

PTI General Secretary Jahangir Tareen has challenged PML-N leader Shahbaz Sharif to declare details of tax. Talking to media here on Sunday, Tareen said "Shahbaz Sharif is 'lying' to the nation and misleading masses regarding my tax payment details which

Published 02 May, 2016 12:00am

Indian teen shoots himself in head taking selfie with gun

An Indian teenager accidentally shot himself in the head with his father's gun while trying to take a "selfie" photograph, police said Sunday, the latest in a series of such accidents.

Published 02 May, 2016 12:00am

Indian teen shoots himself in head taking selfie with gun

An Indian teenager accidentally shot himself in the head with his father's gun while trying to take a "selfie" photograph, police said Sunday, the latest in a series of such accidents.

Published 02 May, 2016 12:00am

Car bomb kills two Turkish police near Syria border

A car bomb on Sunday struck the Turkish city of Gaziantep, a major refugee hub near the Syrian border, killing at least two policemen and wounding 22 other people as the country reels from a succession of militant attacks.

Published 02 May, 2016 12:00am

Car bomb kills two Turkish police near Syria border

A car bomb on Sunday struck the Turkish city of Gaziantep, a major refugee hub near the Syrian border, killing at least two policemen and wounding 22 other people as the country reels from a succession of militant attacks.

Published 02 May, 2016 12:00am

Implementation of VTC: FTO investigating mal-administration

Federal Tax Ombudsman (FTO) is investigating whether mal-administration of tax machinery, incompetence and inefficiency of Inland Revenue Service (IRS) officers in field formations, is a major hurdle in smooth implementation of Voluntary Tax Compliance in

Published 02 May, 2016 12:00am

Implementation of VTC: FTO investigating mal-administration

Federal Tax Ombudsman (FTO) is investigating whether mal-administration of tax machinery, incompetence and inefficiency of Inland Revenue Service (IRS) officers in field formations, is a major hurdle in smooth implementation of Voluntary Tax Compliance in

Published 02 May, 2016 12:00am

Implementation of VTC: FTO investigating mal-administration

Federal Tax Ombudsman (FTO) is investigating whether mal-administration of tax machinery, incompetence and inefficiency of Inland Revenue Service (IRS) officers in field formations, is a major hurdle in smooth implementation of Voluntary Tax Compliance in

Published 02 May, 2016 12:00am

Trump hits out at Clinton and Cruz

Donald Trump hit out hard at Hillary Clinton and Ted Cruz on Sunday, sounding unapologetic two days ahead of a key primary in Indiana he says will decide the Republican presidential race. A new poll ahead of the winner-take-all vote Tuesday put the Republ

Published 02 May, 2016 12:00am

Trump hits out at Clinton and Cruz

Donald Trump hit out hard at Hillary Clinton and Ted Cruz on Sunday, sounding unapologetic two days ahead of a key primary in Indiana he says will decide the Republican presidential race. A new poll ahead of the winner-take-all vote Tuesday put the Republ

Published 02 May, 2016 12:00am

Five years after Osama, al Qaeda down but far from out

Five years after the killing of Al-Qaeda chief Osama bin Laden, the network he founded is far from dead even if it has suffered a series of setbacks. Replaced as the pre-eminent global jihadist power by the Islamic State group, Al-Qaeda nonetheless remain

Published 02 May, 2016 12:00am

Five years after Osama, al Qaeda down but far from out

Five years after the killing of Al-Qaeda chief Osama bin Laden, the network he founded is far from dead even if it has suffered a series of setbacks. Replaced as the pre-eminent global jihadist power by the Islamic State group, Al-Qaeda nonetheless remain

Published 02 May, 2016 12:00am

Armed guards at India dams as drought leaves farmers dry

As young boys plunge into a murky dam to escape the blistering afternoon sun, guards armed with guns stand vigil at one of the few remaining water bodies in a state hit hard by India's crippling drought.

Published 02 May, 2016 12:00am

Armed guards at India dams as drought leaves farmers dry

As young boys plunge into a murky dam to escape the blistering afternoon sun, guards armed with guns stand vigil at one of the few remaining water bodies in a state hit hard by India's crippling drought.

Published 02 May, 2016 12:00am

Armed guards at India dams as drought leaves farmers dry

As young boys plunge into a murky dam to escape the blistering afternoon sun, guards armed with guns stand vigil at one of the few remaining water bodies in a state hit hard by India''s crippling drought.

Published 02 May, 2016 12:00am

Exchange

DTRE Scheme: exporters urge government to restore utilisation period

One of the key budget proposals of the exporters is to restore utilisation period from 12 to 24 months of input goods consumed in finished goods to be exported under Duties and Taxes Remission for Exports (DTRE) Scheme as a major facilitative measure for

Published 02 May, 2016 12:00am

Exchange

DTRE Scheme: exporters urge government to restore utilisation period

One of the key budget proposals of the exporters is to restore utilisation period from 12 to 24 months of input goods consumed in finished goods to be exported under Duties and Taxes Remission for Exports (DTRE) Scheme as a major facilitative measure for

Published 02 May, 2016 12:00am

Exchange

DTRE Scheme: exporters urge government to restore utilisation period

One of the key budget proposals of the exporters is to restore utilisation period from 12 to 24 months of input goods consumed in finished goods to be exported under Duties and Taxes Remission for Exports (DTRE) Scheme as a major facilitative measure for

Published 02 May, 2016 12:00am

Exchange

DTRE Scheme: exporters urge government to restore utilisation period

One of the key budget proposals of the exporters is to restore utilisation period from 12 to 24 months of input goods consumed in finished goods to be exported under Duties and Taxes Remission for Exports (DTRE) Scheme as a major facilitative measure for

Published 02 May, 2016 12:00am

Protesters quit Baghdad's Green Zone

Protesters were withdrawing from Baghdad's Green Zone on Sunday after breaking into the fortified area and storming Iraq's parliament in an unprecedented security breach the day before.

Published 02 May, 2016 12:00am

Pak-Afghan talks on TIRs hit a snag

Vice Chairman, All Pakistan Customs Agents Association (APCAA) and president, Frontier Customs Agents Group (FCAG), Khyber Pakhtunkhwa Zia-ul-Haq Sarhadi has said that the failure of Afghanistan in sending her proposals regarding trade access to India thr

Published 02 May, 2016 12:00am

Auto parts manufacturers: hurdles may be discussed on May 3

The country's auto sector is still feeling sore at the "unfair" auto policy approved by the Economic Co-ordination Committee (ECC) of the Cabinet after setting aside the understanding reached between the industry and Chairman Privatisation Commission (PC)

Published 02 May, 2016 12:00am

Somon Air starts Dushanbe-Lahore operations from May 6

Somon Air of Tajikistan will start its operations between two sister cities of Dushanbe and Lahore from May 6. According to the airlines sources, flights between both the cities will operate twice a week on every Monday and Friday.

Published 02 May, 2016 12:00am

Punjab CM levels slew of allegations against PTI's Tareen, Aleem

Punjab Chief Minister Shahbaz Sharif laid the foundation stone of Tehsil Headquarters Hospital in Manawan, here on Sunday. Secretary Communication & Works gave a briefing to the Chief Minister about the project.

Published 02 May, 2016 12:00am

RCCI-ICT Awards-2016: political parties must not lose sight of national interests: Rajwana

The Rawalpindi Chamber of Commerce and Industry (RCCI) has organised second ICT Awards (Information Communication Technology Awards) at Aiwan-i-Quaid, F-9 Park Islamabad on Friday. Governor Punjab Malik Muhammad Rafique Rajwana was the chief guest on the

Published 02 May, 2016 12:00am

Two more model seminaries being established in Karachi, Sukkur

Two more model seminaries will be established in Sukkur and Karachi for imparting religious, contemporary and technical education among students, Chairman, Pakistan Mardasah Education Board (PMEB) Dr Aamir Tauseen said on Sunday.

Published 02 May, 2016 12:00am

Currency	Rate
USD PKR Interbank Selling / Jan 30	279.17
USD PKR Interbank Buying / Jan 30	278.97
USD to Japanese Yen / Jan 30	154.32
USD to Swiss Franc / Jan 30	0.91
Pound Sterling to USD / Jan 30	1.24
Euro to USD / Jan 30	1.04

Stock	Volume
S&P 500 / Jan 30	6,071.17
India Sensex / Jan 30	76,759.81
Tokyo Nikkei / Jan 30	39,513.97
Nasdaq / Jan 30	19,681.75
Hang Seng / Jan 30	20,225.11
FTSE 100 / Jan 30	8,646.88
Dow Jones / Jan 30	44,882.13
Germany DAX 30 / Jan 30	21,727.20

Item	Value
Crude Oil USD/Barrel / Jan 30	72.99
Karachi Cotton PKR/37.32 KG / Jan 30	18,285
Gold 10 Grams PKR / Jan 30	248,885
Gold Spot USD/Ounce / Jan 30	2,849.50
Cotton US¢/pound / Jan 30	66.27
Petrol/Litre / Jan 31	256.13

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Saritow Spinning / Jan 31 Saritow Spinning Mills Limited(SSML)	17.92 ▲ 1.63 (10.01%)
Sanghar Sugar / Jan 31 Sanghar Sugar Mills Limited(SANSM)	37.14 ▲ 3.38 (10.01%)
National Bank / Jan 31 National Bank of Pakistan(NBP)	70.84 ▲ 6.44 (10%)
Mirpurkhas Sugar / Jan 31 Mirpurkhas Sugar Mills Limited(MIRKS)	31.90 ▲ 2.9 (10%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
Olympia Mills / Jan 31 Olympia Mills Limited(OML)	32.90 ▼ -3.66 (-10.01%)
Fateh Ind. / Jan 31 Fateh Industries Limited(FIL)	132.50 ▼ -14.69 (-9.98%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	41.15 ▼ -4.2 (-9.26%)
Sardar Chemical / Jan 31 Sardar Chemical Industries Limited(SARC)	33.11 ▼ -3.13 (-8.64%)
First Elite Cap.Mod / Jan 31 First Elite Capital Modaraba(FECM)	6 ▼ -0.4 (-6.25%)
Ghazi Fabrics / Jan 31 Ghazi Fabrics International Limited(GFIL)	9.12 ▼ -0.46 (-4.8%)
The Thal Ind.Corp. / Jan 31 The Thal Industries Corporation Limited(TICL)	280.01 ▼ -13.99 (-4.76%)
Shahtaj Textile / Jan 31 Shahtaj Textile Limited(STJT)	67.79 ▼ -3.21 (-4.52%)

Stock	Volume
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -0.56
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	40,269,760 ▲ 0.22
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.3
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.06
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	20,556,244 ▲ 0
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▲ 0
Citi Pharma Ltd / Jan 31 Citi Pharma Ltd.(CPHL)	15,022,230 ▲ 2.88
Hascol Petrol / Jan 31 Hascol Petroleum Limited(HASCOL)	13,297,950 ▲ 0.06
National Bank / Jan 31 National Bank of Pakistan(NBP)	12,758,754 ▲ 6.44

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